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Friday, December 4, 2015 LiveEssex Chapter

Foreign Account Tax Compliance Act (FATCA) and Social Security Update (E1512659)

8:30 AM - 12:10 PM EST

Registration: 8:00 AM EST

The Hanover Manor

16 Eagle Rock Avenue
East Hanover , NJ 07936

4 CPE Credits in TX
New Session - Social Security (changed from Repair Regs)

OVERVIEW

Hear updates regarding effective dates and changes on these two trending topics.

BENEFITS

Earn 4 CPE credits in Taxation.

HIGHLIGHTS

Navigating Foreign Waters: FATCA and the Complex U.S. Laws for Foreign Accounts Compliance
Parag Patel, Esq.
With FATCA, the United States is aggressively targeting US persons with unreported offshore accounts. All tax professionals must know benefits and pitfalls of complex US laws for offshore accounts. We will review the US rules of foreign account disclosure, FBARs: who needs to file, what to file, accounts that must be reported, and the potential liability of the taxpayer and tax advisor. We will identify best practices for compliance and discuss the benefits and pitfalls of the US disclosure programs for noncompliant taxpayers.

Savvy Social Security Planning: What Baby Boomers Need to Know to Maximize Retirement Income
Eleanor Galt-Lin, CFP
The Social Security system is overwhelming and there are plenty of new rules. Learn about the various Social Security benefits and how to create collection strategies that will help you to maximize your lifetime income. Learn how to coordinate benefits with your spouse and about the lessor known benefits for widows. Learn when it makes sense to delay benefits – and when it does not. Finally, understand the taxation of benefits and how much you can expect to receive if you collect early.

COURSE LEVEL

Intermediate

PREREQUISITES

None

ADVANCE PREPARATION

None

ADDITIONAL NOTES

$14 late fee applied after 12/2/15. Season Pass holders must register for each event.

For handouts, please visit your My Events page and bring your laptop or tablet (WIFI and charging stations available). Handouts are added as received - remember to check back for updates. A limited number of handouts will be available onsite.

INSTRUCTORS

Eleanor Galt-Lin

Eleanor Galt-Lin, CFP

Financial Advisor

Morgan Stanley

Eleanor Galt-Lin, CFP®, is a CERTIFIED FINANCIAL PLANNER™ and a Senior Vice President in the financial industry in New Jersey. She serves individuals and small business owners, often working closely with the CPAs and lawyers. After completing the rigorous requirements to attain her CFP® designation, Eleanor pursued even more advanced coursework in the area of Social Security benefits and Medicare. With 10,000 baby boomers turning 65 every day during the next two decades, Eleanor believes it’s crucial for clients to understand their Social Security benefits.[1] She is a frequent speaker on Social Security and Medicare to various groups, including professionals such as CPAs and lawyers.   Eleanor graduated from Rutgers University with a BA in Economics, and attained her CFP® designation in February 2012. A native of New Jersey, Eleanor loves to golf and scuba dive in her spare time.  

Parag Patel

Parag P. Patel, J.D., LL.M. (Tax)

Tax Attorney

Parag P. Patel, Esq.

Parag is a tax attorney with the Patel Law Offices in Iselin. His practice concentration is in tax, business transactions and estate planning. He is a board certified estate planning law specialist, a board certified elder law attorney, and a frequent speaker on legal issues affecting tax, offshore tax planning and estate planning. Parag was named a New Jersey Super Lawyer by New Jersey Magazine for tax and estate planning. He has also received an AV rating from the Martindale-Hubbell Peer Review Rating System, which is the highest professional rating possible among lawyers. He is the 2011/12 chairman of the Tax Law Committee of American Bar Association’s GP Solo and Small Firm Division. Parag also serves as a part-time municipal court judge for Edison Township. He is a member of the New Jersey State, New York State, Middlesex County and American Bar Associations.

PRICING

Free Event
Pre-Registration Closed

Online pre-registration for this event is now closed.

ADDITIONAL OPTIONS

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